Gainline Financial Partners LLC Takes Position in iShares Core S&P 500 ETF $IVV

Gainline Financial Partners LLC acquired a new position in shares of iShares Core S&P 500 ETF (NYSEARCA:IVV) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 24,119 shares of the ETF’s stock, valued at approximately $18,063,000. iShares Core S&P 500 ETF accounts for 16.9% of Gainline Financial Partners LLC’s portfolio, making the stock its biggest position.

Other large investors have also recently bought and sold shares of the company. Heck Capital Advisors LLC bought a new stake in shares of iShares Core S&P 500 ETF in the 4th quarter worth approximately $331,591,000. Bison Wealth LLC grew its stake in iShares Core S&P 500 ETF by 24.0% during the 4th quarter. Bison Wealth LLC now owns 7,799 shares of the ETF’s stock worth $4,591,000 after buying an additional 1,511 shares during the last quarter. Schnieders Capital Management LLC. grew its stake in iShares Core S&P 500 ETF by 0.8% during the 2nd quarter. Schnieders Capital Management LLC. now owns 5,656 shares of the ETF’s stock worth $3,512,000 after buying an additional 45 shares during the last quarter. First Trust Advisors LP increased its position in iShares Core S&P 500 ETF by 43.1% in the second quarter. First Trust Advisors LP now owns 6,989 shares of the ETF’s stock worth $4,340,000 after buying an additional 2,105 shares during the period. Finally, Sei Investments Co. lifted its stake in iShares Core S&P 500 ETF by 1.2% in the second quarter. Sei Investments Co. now owns 8,455 shares of the ETF’s stock valued at $5,250,000 after buying an additional 97 shares during the last quarter. Institutional investors own 70.12% of the company’s stock.

iShares Core S&P 500 ETF Stock Performance

iShares Core S&P 500 ETF stock opened at $773.92 on Friday. iShares Core S&P 500 ETF has a one year low of $632.14 and a one year high of $783.09. The company has a 50-day simple moving average of $760.69 and a 200-day simple moving average of $726.99. The firm has a market capitalization of $898.95 billion, a P/E ratio of 25.10 and a beta of 1.00.

About iShares Core S&P 500 ETF

iShares Core S&P 500 ETF (the Fund) is an exchange-traded fund. The Fund seeks investment results that correspond generally to the price and yield performance of the Standard & Poor’s 500 Index (the Index). The Index measures the performance of the large-capitalization sector of the United States equity market. The component stocks are weighted according to the total float-adjusted market value of their outstanding shares. The Fund invests in a representative sample of securities included in the Index that collectively has an investment profile similar to the Index.